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New Yahoo Mail App Dispenses With Passwords

2015-10-15 19:03:51| PC Magazine Software Product Guide

Yahoo's gorgeous new Mail app includes photo and document preview, while device-based keys mean no more passwords.

Yahoo will sell Alibaba stake despite IRS tax stance

2015-09-29 08:50:00| Telecompaper Headlines

(Telecompaper) Yahoo said it plans to move forward with the sale of its stake in Alibaba Group even though the IRS has declined to rule on whether the transaction would be tax free, Reuters reported. Yahoo said earlier this month that the IRS had denied its request for a private letter ruling on whether the spinoff of its stake in Alibaba would be considered tax free. The sale is still subject to certain other conditions including the receipt of a legal opinion on the tax-free treatment of the deal under US federal tax laws, Yahoo said in a regulatory filing. Based on Alibaba's close on 28 September of USD 59.24 per share, Yahoo's 384 million shares in the e-commerce company are worth USD 22.75 billion. The value of the stake is slightly less than Yahoo's market capitalization of about USD 25.98 billion based on 941 million shares outstanding on 31 July and the close on 28 September. Many analysts say Yahoo's core business is worth close to nothing without its Asian assets.

Tags: sell yahoo tax alibaba

Apple, Nike, Yahoo! Stocks All on Wall Street Firms' Radar

2015-09-16 18:16:04| Footwear - Topix.net

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Tags: street yahoo wall apple

Stocks close moderately higher; CVS confirms photo website hacked; top Yahoo executive departs: P.M. Business News Links

2015-09-12 20:17:34| Grocery - Topix.net

This March 17, 2014 photo shows a CVS/Pharmacy in Dormont, Pa. CVS said today investigators have confirmed the company that manages their photo website was indeed hacked this summer, possibly resulting in the theft of some CVS customer information.

Tags: top links news business